Procure to Pay
Learn the complete purchasing lifecycle, from requisition to payment, and gain a competitive edge in procurement and supply chain management.
- Duration15 Hours
- FormatOnline, instructor-led
- On completionCertificate
Course overview
This course provides a comprehensive overview of the Procure to Pay (P2P) business process, which covers the entire purchasing lifecycle, from requisition to payment.
- Job referrals
- Certificate of Course Completion
What you'll learn
The P2P Cycle
Understand the steps from requisition to payment.
Vendor Management
Learn to manage vendor relationships and information.
Purchase Order and Goods Receipt
Master the processes of creating purchase orders and recording goods receipt.
Invoice Processing
Understand how to handle vendor invoices and accounts payable.
Curriculum
5 modules · 15 Hours01Introduction to Procure to Pay
This module introduces the P2P process and its role in managing vendor relationships and purchasing activities.
02Requisition and Sourcing
Learn how to create a purchase requisition, source suppliers, and select the best vendor for your needs.
03Purchase Order Management
Master the process of creating, sending, and managing purchase orders to ensure accurate and timely deliveries.
04Goods Receipt and Inventory Management
Understand how to record the receipt of goods and update inventory levels accordingly.
05Invoice Processing and Accounts Payable
This module covers the steps from receiving a vendor invoice to processing it and making a final payment.
Who it's for
Procurement and Supply Chain Professionals
Individuals involved in purchasing and supply chain management who need to optimize the P2P process.
Accounts Payable Staff
Professionals who handle invoice processing and vendor payments.
Business Analysts
Analysts who want to understand the P2P process to improve system efficiency and business flows.
ERP Consultants
Professionals specializing in ERP systems who need to configure and manage the P2P process for their clients.
Before you start
No prior experience is necessary. A basic understanding of business operations is helpful.
How you'll learn
Immersive Instructor-Led Sessions
Participate in dynamic, hands-on sessions led by expert instructors to gain practical skills in a supportive learning environment.
Master the Procure to Pay business process
The goal is to provide a complete understanding of the end-to-end P2P lifecycle, enabling you to optimize procurement and payment processes.
Build something real for your project portfolio
You will complete a hands-on project that can be added to your professional portfolio to demonstrate your skills to potential employers.
Learn Anytime with Unlimited 1-Year Access to Contents and Tools
Enjoy the flexibility of learning at your own pace with unlimited 1-year access to course contents and tools. Access reading materials, case studies, and interactive tools, providing a wealth of resources at your fingertips.
Questions
What is the main difference between P2P and O2C?
P2P deals with a company's purchasing process (buying), while O2C deals with its sales process (selling).
Is this course for all industries?
The principles of P2P are universal and apply across a wide range of industries.
Is there certification upon completion?
Yes, participants will receive a certificate upon successfully completing the course, which can be a valuable addition to your professional credentials.
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